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Oxyzo Reviews

Gurugram, Haryana

5.0/ 5

1 review

Oxyzo Financial Services Limited is a tech-driven, Reserve Bank of India (RBI) registered Middle Layer Non-Banking Financial Company (NBFC) specializing in B2B financial services. Founded in 2016 by Asish Mohapatra and Ruchi Kalra, the company has grown into a leading financier for small and medium enterprises (SMEs), micro-enterprises, and mid-sized corporates across India. Headquartered in Gurugram, Haryana, Oxyzo operates an extensive network spanning over 145 branches across 20 states, catering to dynamic credit demands in sectors such as manufacturing, logistics, auto-ancillaries, capital goods, and engineering-linked supply chains. The company operates primarily as a subsidiary of OFB Tech Private Limited (OfBusiness), which holds a strategic 70% stake. This structural integration provides Oxyzo with a unique operational advantage, combining tech-enabled financing solutions with OfBusiness's raw material procurement platform to assess credit risk through transactional data. Oxyzo’s core business model focuses on custom, end-to-end credit solutions designed to help businesses scale operational capacities and profit margins. Its primary product verticals span working capital financing, term lending, and corporate financing. Key offerings include purchase finance for raw materials, work order finance for executing tenders, invoice discounting to boost cash flow, business loans for strategic expansion, and specialized machinery or equipment financing. Financially, Oxyzo maintains a highly robust capitalization and earnings profile. The company officially entered the "Unicorn Club" following a prominent $200 million Series A funding round, establishing a strong capital foundation supported by major global institutional investors. For the fiscal year ending March 31, 2026, Oxyzo reported significant growth, with its total operating revenue jumping 23–24% year-on-year to reach INR 1,494 crore, while its profit after tax (PAT) rose to INR 375 crore. The company's total assets under management (AUM) surged to INR 11,822 crore, scaling drastically from an AUM of INR 5,000 crore in 2023 and demonstrating a compounding multi-year growth trajectory. Oxyzo's balance sheet strength is reinforced by high creditworthiness, securing prestigious ‘A+’ ratings from leading domestic agencies such as CRISIL and ICRA. The company maintains an exceptionally healthy asset quality relative to industry standards, reporting a gross non-performing asset (GPA / Stage 3) ratio of just 0.74% as of May 2026. Furthermore, Oxyzo has expanded its portfolio organically by entering the retail fixed-income market through the strategic acquisition of GoldenPi Technologies and launching its first performing credit alternative investment fund (Oxyzo Credit Fund I) via Oxyzo Investment Manager. Led by a highly decorated executive team, including Co-Founder Ruchi Kalra, who was honored with the Women Entrepreneur Award at AWE 2026, Oxyzo remains uniquely positioned to bridge India's massive SME credit gap.